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Nordic Waterproofing Rejects Kingspan Offer

NORDIC WATERPROOFING’S board of directors has unanimously recommended that the company’s shareholders do not accept Kingspan’s offer to buy shares submitted on 10 October 2023. The decision follows Kingspan, already Nordic Waterproofing’s largest shareholder, buying up more shares in September 2023. Kingspan acquired 1,648,089 shares giving it 30.9% of the total shares and votes in

Construction buyers see happier times ahead

Optimism levels among construction buyers have hit their highest levels in two years. Results from the bellwether S&P Global UK Construction Purchasing Managers’ Index in January showed a strong improvement in business activity expectations as the main index registered 48.8 – up from 46.8 in December and the highest reading since August 2023. But the